Tag: Financial services
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
LONDON -- The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation...
Stock market today: Global shares trade mixed ahead of Federal Reserve rate decision
TOKYO -- Global shares were mixed Wednesday as investors awaited an expected interest rate cut by the U.S. Federal Reserve, the first in...
Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?
WASHINGTON -- American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is...
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW -- Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...
Rate cuts are coming from the European Central Bank and the Fed. Experts say the pace will be mild
FRANKFURT, Germany -- With inflation subsiding, the European Central Bank will likely cut interest rates again on Thursday to prop up tepid growth...
Hedge fund investor buys UK political magazine The Spectator for $131 million
LONDON -- A hedge fund investor has bought The Spectator, one of the world's oldest political magazines, for 100 million pounds ($131 million)...